Description
The Brunswick Community College Foundation is seeking proposals from qualified Certified Public Accounting firms to audit its financial statements and provide tax compliance services. The selected firm will be responsible for performing an audit of the Foundation's financial statements, conducting the audit in accordance with Government Auditing Standards, and providing tax compliance services relative to its tax returns. The contract term is for one year, with the option to renew annually for up to two additional years. The scope of services includes holding a pre-audit conference, performing the audit, conducting a post-audit conference, and preparing the Foundation's tax returns.
Key points to consider:
• The Foundation is a nonprofit organization formed to promote the educational development and general educational welfare of Brunswick Community College.
• The selected firm must have expertise in nonprofit auditing and tax compliance.
• The audit must be conducted in accordance with auditing standards accepted in the United States of America.
• The contract shall acknowledge that statewide accounting policies are established by the Office of State Controller.
• The selected firm must provide an itemized list of audit fees, billing arrangements, and a maximum not-to-exceed amount for total contract terms.